13 CFR 120.211
§ 120.211 What limits are there on the amounts of direct loans?
United States · 13 CFR — Business Credit and Assistance · Status: effective
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- 13 CFR 120.211, § 120.211 What limits are there on the amounts of direct loans?, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/52051
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Full text
(a) The statutory limit for direct loans made under the authority of section 7(a)(1)-(19) of the Small Business Act is $350,000. SBA has established an administrative limit of $150,000 for direct loans. The D/FA may authorize acceptance of an application up to the statutory limit.
(b) The statutory limit for direct loans made under the authority of section 7(a)(20) is $750,000. SBA has established an administrative limit of $150,000. The Associate Administrator for Business Development may authorize the acceptance of an application that exceeds the administrative limit.
(c) The statutory limit on SBA's portion of an immediate participation loan is $350,000. The administrative limit is the lesser of 75 percent of the loan or $150,000. The D/FA may authorize exceptions to the administrative limit up to $350,000.
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.